Nathans Famous traded at $96.97 this Friday August 14th, increasing $0.17 or 0.18 percent since the previous trading session. Looking back, over the last four weeks, Nathans Famous gained 3.36 percent. Over the last 12 months, its price fell by 7.93 percent. Looking ahead, we forecast Nathans Famous to be priced at 94.89 by the end of this quarter and at 88.90 in one year, according to Trading Economics global macro models projections and analysts expectations.
Nathan's Famous, Inc. (Nathan's) is a licensor, wholesaler and retailer of products marketed under its Nathan’s Famous brand. The Company's segments include Branded Product Program, Product licensing, and Restaurant operations. The Branded Product Program segment is engaged in the sale of hot dog products either directly to foodservice operators or to various foodservice distributors who resell the products to foodservice operators. The Product licensing segment includes royalties, from licensing a variety of Nathan’s Famous branded products, including its hot dogs, sausage and corned beef products, frozen French fries and additional products through retail grocery channels and club stores throughout the United States. The Restaurant operations segment is engaged in the sale of its products at Company-owned restaurants and earns fees and royalties from its franchised restaurants, including its virtual or ghost kitchens.